The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-29

demand.
Bonds - Government bonds were
quiet but STRING. State bonds were
dull and steady.
Stocks -The movement in the stock
market which began late last wesk
made further progress today for the
frat time this year, showing all the in
dications Of genuine bull movement.
1t was the first really active day for
many weeks, and while there was
nothing like boom in any one stock or
groups Of st3cs, steady though Glow
appreciation Of values lasted nearly the
entiIe day. The buying was rem rkL-
bly, we'll distributed, nothing seeming
ly being neglected, and while the
traders INDUCED in some realizing on
their purchases of the past few days,
there was come buying with fair in
qairy from out OF town operators
and FAR demand from for
elgners. A remarkably favorable
impression wss creased by the
statement OF Union Pacific, which
WAS somewhat of surprise to the
street, and Jersey Central was ma
terially aided by The report that con-
tract had been made with the Clear
field ComIsly which would largely
increase the earnings of the road in
the immediate future. Weeterd
Union was one OF the favCrites of the
day and there were Iumors OF some.
thing important to be dove 'oped in a
short time. There was no particular
feature in the remainder OF the list,
although an unusually large nu aber |
OF the low priced stocks were dealt in. |
The rates for money showed O hsrl len
ing tendency and were bid up to:7 per |
cent. late in the day, and extensive |
realizations caused material reaction |
from the best figures. The market |
was decidedly strong and active at the |
opening, fret prices showing advances
over Saturdays final figures of from
to per ceEt. There was soma
hesitation in the early trading,
but the entire list soon became
strong under the cad of Canada
Southern. The improvement was slow
but steady, aud continued without in.
tsrruption until nearly o'clock pm,
when the market became quieter, and
general fcactioaal reaction elsued. |
The market stea lied in the last hour,
but the close was quiet but barely
steady at fractional recessions of the
bsst pricss of the day. Almost every
thing on the active list shows an ad.
vance tonight, but while Canada
Southern are each up II per cent, the
gains in the remainder are measured
by fractions only.
Railroad bonds were mora active to-
day. Aggrega es were $l,712,000.
Fort Worth and Denver firsts contrib.
uted $145,0O0, aud At antic and Pacific
incomes $l0S,0OO. While the market
was generally firm, the movements
were slug Sish, and though closing
prices generally show advances they
are for the most part for frae d ions only.
Chesapeake and Ohio 6s, however,
rose 2 per cent. to 80; Rocheet r and
Pittsburg firsta per cens. 10 120, and
Shenandoah Valley general g. 3 per
cent. to 40.
The total sales OF stock t)day were
406,l67 shares, including: Canada
Southern, 13, 900; Delaware, Lackawan-
ma and Western, 1850; Erie, 26 9l0;
Lake Shore, 1865; Louisville and
Nashville, 1900; Northwestern, 90
$50; Reading, 1850; Union Pacific,
2S,4OO .Weslern Union, 28,713. Clos
ing quotations:
GOVERNMENTS.
Is, soup SSi 1t0 PsS SfSR g. Of ISIS, 1851.
BONDS.
La La; stamps nI T., IA Missouri 6s, IOl:
D.&R: g. " .1sts,79 Erie 2ds, 901,.
N, X. at Gen. 6s ,10l. North. Pac. 1sts, III.
North. Paci Eds .l07H. n. Western con: 1850.
r. land grants,6 q T;P.R lex con, 7iaI,
Y. +. lists, 10. West shore, 1921.
Tenn .6s, set mt, 1857, Tenn .6s, set mt, lO2
Tom. 3s,set'mt, rs.
Adams Express, l42. Morris&E., oTd.IS8.
Allegheny Centl,-, Nashville 4 c., S3X
Alton L. H., 81. Nj Central, 72L,
4. I. H., pfd., 80. NOr.& W .pfd, 5OH.
American Ex., l09. Northern Pac. ,28
=. q. X. y N. q. Northern Pao MD, 500
Canada Pac., 62A Gu N. ", l2SS
Canada Sou. 6i2S. c. W .pfd. l4S14.
Central Pacific, 3g4 Ny .Central,ll2
Chesapeake h o., N. N.Y.C,& It. H., 1917.
9. y .. lat ptd, 10, NY CAST l.. pfd, 30I.
@. Il o. ID pfd, 10. Ohio Central, =.
Chicago i A. IA Ohio Il Miss. ,29tS
C'&A ptd ,l6O. Oh MISS. ptd, 20
g. & T. 49, 3s9 9 SPss5b NV West, I5 IS"
y, Sti La P;' lo2s. Oregon Trans. 321s.
G. St.L& P.pfd, A. Oregon Imp, IA
Y. ). \ O.. 81. Pacific Mail, Sc.
{. i H. Valley, AZ. Peoria 5. 4 a., 843I.
Del. u Hud., 1917 Pittsburg, ISL ,
Del, L; X " 1861 Pullman /. O., 1921
pen. &kio Il, ~, Reading, SSA.
Erle1 34B Rock Island .l24z.
Erie gtd, 70. St.L. &S.F., 855S {
New East Tenn; ,lS3. st. l.. &S.F. pfd, 6S%.
NewE; Tenn. pfd,75H. St.L. rs. F. lst p,ll5L.
Hannibal 4 st, Jo,-. G. M.&st.P,, p, i26H
II Il StJo;: pfd,-. st. P, NJ. Il NJ, lis.
Harlem, 20: St.Paul& Omaha, 5lH.
Houston T., 40 nm, st. Paul 4 Q. ,pfd, ll2h
Ind, B. 4 W., 2its. Texas Pacific, %.
Kansas Il T., 3l94, Toledo & 0. Cen.p,5S
Lake y. w, Is. Union Pacific, 59H.
Lake Shore, 53S;. y. S. Express, 81 =
Lou. i Nash, $50 W., S. L. &P., IS. :
n NJ g. Ii lit A Did S1 WI VIZ &E F. b. ~
NJ. i O. seconds. W. U. Tel, nv.
Mem. Char. Sc Colorado Coal, 4O9S.
Mich Cen. s2% Home Stake, ~.
Min. 4 St. L., 1877: Iron Silver, H5.
Min. 4 st. L. ptd 49,. Ontario, "a.
Missouri Pacific ,l0894, Quicksilver, 81.
Mobile 4 Ohio ~. Quicksilyer .pfd, 20. 4
M.L.s.& W .pfd, li6h Sutro. q. i
PARIS, March z8.-Three per cent.
rentes, S0f 624c for the account. s
LONDON, March % -Consols, 101 Is.
l6 for both money and the account
United States bonds-4I, 1909; Age, L
liz Atlantic and Great Western
irsts, 4Si, The amount OF bullion
zone into tbe Bank of E1glaud on bal =
snCe Today is G2l 900.
BANK CLEARANCE. q
New YORK, March 2S.-Exchanges n
odsy, $1l6. 0Ol, 439; balances, 81, O22,- N
.26 S
hSjosToN, MASS, March 28.-Ex- .
,Hanges today, Sl4,634, 796; balances, Y
81 1887 1858. \
BALTIMORE, Md, March 2S.-Bank .
,learines today, 1925. 25l; balances, p
1929, $3.50. p
PHILADELPHIA,PA Pa, March 28.-Bsnk s
bearings today, S9,355,4O4; balances, A